(BrightBros) Bright Bros complete technical analysis [charts+indicators] | Buy/Sell Bright Bros | (BrightBros) share price targets
Complete technical analysis of Bright Bros (BrightBros) by charts plus indicators, forecast predictions and share price targets for Bright Bros (BrightBros)
Showing technical analysis as on 2022-05-18 View latest technical analysis
10 day averaged volume of Bright Bros is 3317
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 148.50 | 148.75 | 152.00 | 146.30 | 0.891 times |
| 17 Tue May 2022 | 152.70 | 146.00 | 152.95 | 146.00 | 0.878 times |
| 16 Mon May 2022 | 147.50 | 141.00 | 151.85 | 141.00 | 0.337 times |
| 13 Fri May 2022 | 145.30 | 152.95 | 152.95 | 141.70 | 0.988 times |
| 12 Thu May 2022 | 145.25 | 141.30 | 155.45 | 141.30 | 1.054 times |
| 11 Wed May 2022 | 147.65 | 149.70 | 149.70 | 147.00 | 1.412 times |
| 10 Tue May 2022 | 151.35 | 143.45 | 152.30 | 141.00 | 0.946 times |
| 09 Mon May 2022 | 148.20 | 153.35 | 153.35 | 145.15 | 1.57 times |
| 06 Fri May 2022 | 148.80 | 150.00 | 151.95 | 144.55 | 0.592 times |
| 05 Thu May 2022 | 149.30 | 151.15 | 155.50 | 148.05 | 0.825 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 147.7 as stoploss in an intra day buy trade for a target of 153.6. However, stock will show a bearish move below 147.7.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 141.00 |
| Downside Target | 144.55 |
| Downside Target | 148.30 |
| Upside Target | 160.00 |
| Upside Target | 161.20 |
| Upside Target | 166.70 |
| Upside Target | 169.90 |
| Upside Target | 170.40 |
| Upside Target | 197.95 |
| Upside Target | 214.00 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 142.02 |
| Downside Intraday Target | 135.53 |
| Upside Intraday Target | 153.97 |
| Upside Intraday Target | 159.43 |
| Downside Intraday Target | 147.48 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 148.50 | 141.00 | 152.95 | 141.00 | 0.353 times |
| 13 Fri May 2022 | 145.30 | 153.35 | 155.45 | 141.00 | 1.795 times |
| 06 Fri May 2022 | 148.80 | 161.20 | 161.20 | 144.55 | 0.372 times |
| 29 Fri Apr 2022 | 158.30 | 163.30 | 166.70 | 153.00 | 0.995 times |
| 22 Fri Apr 2022 | 163.60 | 161.70 | 170.40 | 151.00 | 2.534 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Bright Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 148.50 | 161.20 | 161.20 | 141.00 | 0.382 times |
| 29 Fri Apr 2022 | 158.30 | 148.95 | 170.40 | 148.95 | 0.628 times |
| 31 Thu Mar 2022 | 150.15 | 153.95 | 169.90 | 148.30 | 1.061 times |
| 28 Mon Feb 2022 | 153.55 | 196.80 | 197.95 | 141.10 | 0.467 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bright Bros (BrightBros)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 10, 9 | Buy |
| MACD | -6, -6 | Sell |
| Stochastics | 51 | None |
| CCI | 28 | Sell |
| RSI | 49 | Sell |
| OBV | -43565 | Sell |
| VWAP | 148 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bright Bros ( (BrightBros) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Bright Bros stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bright Bros Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bright Bros in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Bright Bros is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 148.36 and Bright Bros (BrightBros) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Bright Bros (BrightBros) stock. Volume based technical analysis of Bright Bros (BrightBros) stock is negative.
Bright Bros Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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